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20121129
20121207
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mitchell, bob michaels, and bob dole. there is no question none of this could have happened without them coming to the table and understanding how important it was to achieve a result. i also have to emphasize what i believe is the fundamental catalyst for all of this. that is there was a president who was determined to solve this issue. absolutely determined. as we see, not only was he willing, but he ended up sacrificing tremendous political capital, personal political capital in order to do what he felt the country needed at that time. there are a lot of folks who like these kinds of agreements to take place in a climate where there are no politics. it will never happen. it will never happen because politics is the cement that holds the system together, not what divides it. in my opinion, there are three political aspects that have to be looked at in what happened in 1990 and certainly have parallels to what is going on today. there are the politics of the differences in philosophy. there certainly is a liberal perspective, generally attributed to the democratic party, a conservative
with bob dole and pete domenici and other members of the republican side that cared about the budget. and on the house side, he asked us to deal with new gingrich so i had an informal arrangement with both new gingrich and gramm that we would run the process for them and they would participate in the negotiation but when we got to the point we felt the president was willing to compromise on issues, we would run that process through them. the first agreement was achieved. and as it has been noted, had no increase in tax rates. no increase in tax rates. the additional revenue was generated by mostly consumption taxes on gasoline, luxury taxes. there were additional revenues specifically fenced off for social security which were i believe produced by increasing the payroll tax. there were additional revenue is fenced off for medicare by extending the cap on medicare and that time medicare had a cap but all of the other taxes that were in there were primarily related to use or consumption. it met the criteria established by the republicans in the senate and the republicans in the house.
foley and george mitchell, bob michaels, and bob dole. there is no question none of this could have happened without them coming to the table and understanding how important it was to achieve a result. i also have to emphasize what i believe is the fundamental catalyst for all of this. that is there was a president who was determined to solve this issue. absolutely determined. as we see, not only was he willing, but he ended up sacrificing tremendous political capital, personal political capital in order to do what he felt the country needed at that time. there are a lot of folks who like these kinds of agreements to take place in a climate where there are no politics. it will never happen. it will never happen because politics is the cement that holds the system together, not what divides it. in my opinion, there are three political aspects that have to be looked at in what happened in 1990 and certainly have parallels to what is going on today. there are the politics of the differences in philosophy. there certainly is a liberal perspective, generally attributed to the democratic
Search Results 0 to 2 of about 3